Asiana Airlines continued to lose money in the first quarter, but at a sharply reduced rate.
Coupang reported a massive quarterly loss just two months after its New York listing, missing expectations by a wide margin as it made its first earnings announcement as a public company.
Emart's net profit more than doubled in the first quarter on buoyant business at its brick-and-mortar stores, Shinsegae Group announced in a preliminary report on Thursday.
Coupang reported a huge loss and a dramatic miss in its first earnings announcement as a public company, the stock dropping below its IPO price in after-hours trade.
Shinsegae Department Store’s net profit jumped 5,000 percent on-year in the first quarter on recovering consumption.
Lotte Shopping continued to suffer net losses in the first quarter, though the loss fell slightly on year.
CJ CheilJedang’s net profit fell 51.6 percent on year in the first quarter to 218.76 billion won (($195.32 million), mainly due to a one-off item related to a payment in the first quarter of 2020 for a property disposal.
CJ Logistics' net profit jumped more than 60 percent on year in the first quarter, though its operating profit declined almost 20 percent during the same period.
Market attention is now focused on the performance of the home appliance and air solution (H&A) unit of LG Electronics following its record earnings in the first quarter of the year, analysts said Monday.
Amorepacific Group's net profit jumped by more than 80 percent in the first quarter on improved sales of brands like Sulwhasoo, Hera, Innisfree and Etude.